Brighter day ahead for EAF?Fundamental
EAF is a manufacturer of graphite electrodes and petroleum coke, which are essential for the production of electric arc furnace steel and other metals. Currently, approximately 60% of the world's graphite electrodes are produced in China. With the uncertainty in political tension be
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Graftech waiting for a mexican resolutionshort term could bump its head on $6
Only to give it up for a better opportunity around $4,50-5
positives
Graftech manufactures electrodes used to make steel will benefit from China re-oppening
the St Marys mine could be up and running end of 2023
Negatives
suspended facility in Mexico could affec
Want to make money like big guys in the market follow them!I like to write a little story about my stocks picks even though I am sure most of the people don't bother to read them. However, I think every stock has a interesting story behind it as how it got here and where it is going from here. At the end of the day prices are controlled by humans and stocks
EAF at key support levelsStop-losses in place for me, but potentially a good buy opportunity (according to mean regression). Strong support at 11.45, and also from the 6-month moving support. Finally the MA50 is also just under today's candle, so we can wait for confirmation in the next days. Not quite oversold according to
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